BlackBerry's Q2 earnings report as bad as it said it would be

Last Friday, BlackBerry warned the Wall Street community and the world that thanks to a write down of nearly $1 billion in BlackBerry Z10 handsets, the Canadian company would post an operating loss of more than $900 million in the second quarter; today, a week later, BlackBerry released the actual report which showed a whopping 49% drop in quarterly revenue on a sequential basis...

Source: http://www.phonearena.com/news/BlackBerrys-Q2-earnings-report-as-bad-as-it-said-it-would-be_id47801

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